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Free dailies – still not a “bright light” in the newspaper industry

More evidence that, despite Chris Anderson’s claims, free may be less of a viable business model than people expect, as Roy Greenslade reports that News International may be shutting thelondonpaper:

“Rumours are rife that News International, now run by James Murdoch, may be about to close down thelondonpaper, claims The Observer media diary (not online). According to the item, ‘there are signs’ that Associated’s rival freesheet, London Lite, ‘may be winning its rearguard action’. One of those signs is that thelondonpaper ‘is no longer being handed out at several tube stations.'”

And, I’ll note again, the profoundly not-free Economist seems to be doing rather well for itself

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